In a medium saucepan mix milk and Harina P.A.N until smooth and no lumps. Add coconut milk and mix well until smooth.
Turn the heat on to medium and let the mixture come to a boil, stirring constantly. Add sugar, papelon, coconut flakes, sweetened condensed milk, nutmeg, cinnamon sticks, and salt; stir to combine. Reduce heat to low and simmer for 4 - 5 minutes.
Remove the cinnamon sticks and discard.
Transfer mixture to a big bowl, or several individual bowls. Refrigerate for at least 3 hours, or until set and firm.
When ready to serve, sprinkle with more coconut flakes and ground cinnamon on top, if desired. Serve cool.
Optional to serve: add a little bit of sugar, about 1/2 teaspoon, over the tops of the majaretes. Using a torch, melt the sugar and form a crispy top.
Notes
STORING: To store, simply leave them in the fridge for up to 4 days. Make sure you wrap it up tightly with plastic wrap, so it doesn't absorb smells from the fridge.QUICK TIPS:
For a firmer consistency, add 1/4 cup more of Harina P.A.N.
The longer you chill it, the firmer the pudding will become as well! So make it a day ahead of time for the extra chill time.
Want to have the crispy torched tops but don't have a blow torch? Use ramekins/oven-safe containers and place them in the oven for 1-2 minutes and broil until the tops are golden.
Make sure you are using canned coconut milk and not the carton coconut milk from the refrigerated section. You won't get the same creamy consistency.